2014-01-23T11:15:47-06:00 2013-06-30 420714325 MCGLADREY LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 100362602 990 2012-07-01 061581474 BRONX PREPARATORY CHARTER SCHOOL BRON 7182940841 3872 THIRD AVENUE BRONX NY 10457 EDWINA BRANCH-SMITH 7182940841 2014-01-23 1 MARTIN GREIF P00029738 2123721000 2012 2015-11-30 17:44:51Z EDWINA BRANCH-SMITH 3872 THIRD AVENUE BRONX NY 10457 11043521 0 X WWW.BRONXPREP.ORG X 2000 NY THE MISSION OF THE BRONX PREPARATORY CHARTER SCHOOL IS TO PREPARE UNDERSERVED MIDDLE AND HIGH SCHOOL STUDENTS FOR HIGHER EDUCATION, COMMUNITY INVOLVEMENT AND LIFELONG SUCCESS THROUGH A STRUCTURED, CARING ENVIRONMENT OF HIGH ACADEMIC EXPECTATIONS. 16 16 135 16 0 0 1032568 1082078 10113263 9943892 2088 3025 -505 14194 11147414 11043189 0 0 0 0 8116731 8082189 0 0 114324 2965412 3088891 11082143 11171080 65271 -127891 4944317 4666261 364158 211281 4580159 4454980 X BRONX PREPARATORY IS A CHARTER SCHOOL LOCATED IN THE SOUTH BRONX SERVING GRADES 5 THORUGH 12, WAS FOUNDED IN THE BELIEF THAT ALL CHILDREN IN AMERICA DESERVE AN EDUCATION ENABLING THEM TO FULFILL THEIR POTENTIAL AND REALIZE THER DREAMS. TO PREPARE OUR STUDENTS FOR ENROLLMENT AT COMPETITIVE COLLEGES, BRONX PREPARATORY IS COMMITTED TO PROVIDING A QUALITY EDUCATION FOR MIDDLE AND HIGH SCHOOL STUDENTS THAT CHALLENGES THEM TO ACHIEVE AT THE HIGHEST LEVELS. 0 0 10410060 9958418 PROVIDE GENERAL SPECIAL EDUCATION AND ENRICHMENT SERVICES TO PUBLIC SCHOOL STUDENTS IN GRADES 5-12. 10410060 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 47 0 1 135 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MR ZAID MOHAMMED 7182940841 3872 THIRD AVENUE BRONX NY 10457 X LILIETH FERGUSON 1.00 1.00 X 0 0 0 NANCY GARVEY 1.00 1.00 X X 0 0 0 PHIL GELSTON 1.00 1.00 X 0 0 0 KRISTEN MACLEOD 1.00 1.00 X 0 0 0 KRISTIN KEARNS JORDAN 1.00 1.00 X X 0 0 0 YULIANA KIM-GRANT 1.00 1.00 X 0 0 0 SCOTT NELSON 1.00 1.00 X 0 0 0 ANDREW PAUL 1.00 1.00 X 0 0 0 RICHARD SCHUBART 1.00 1.00 X 0 0 0 COURTNEY B THOMAS 1.00 1.00 X 0 0 0 RAVI SURIA 1.00 1.00 X 0 0 0 PHILIP WHARTON 1.00 1.00 X 0 0 0 DEBORAH L EVANGELAKOS 1.00 1.00 X 0 0 0 KAVITA DOLAN 1.00 1.00 X 0 0 0 LEE FLANAGAN 1.00 1.00 X 0 0 0 BRIAN BERGER 1.00 1.00 X 0 0 0 ZAID MOHAMMED 22.00 18.00 X 69041 56488 19577 EDWINA BRANCH-SMITH 26.00 14.00 X 120819 65056 0 JACQUELINE KING-ROBINSON 40.00 X 155364 0 20734 MELISSA MELKONIAN 40.00 X 110428 0 11791 455652 121544 52102 3 0 1 0 ROCKET LEARNING 1000 PARK CENTER BLVD SUITE 112 MIAMI FL 33169 EDUCATIONAL (SES) SERVICES 166008 EXECUTIVE CLEANING SERVICE CORPORATION PO BOX 702 ELMSFORD NY 10523 JANITORIAL SERVICES 144470 NETWORK OUTSOURCE 135 DENTON AVENUE NEW HYDE PARK NY 11040 IT SUPPORT & SERVICES 123732 3 6300 927332 148446 48413 1082078 STATE & LOCAL PER PUPIL 900099 9943892 9943892 9943892 3025 3025 0 6300 332 -332 -332 OTHER INCOME 900099 8375 8375 TRIP REVENUE 900099 6151 6151 14526 11043189 9958418 0 2693 212015 197098 12570 2347 6571998 6112038 388513 71447 60914 56503 3669 742 706471 655430 42501 8540 530791 492454 31927 6410 22052 22052 54290 54290 15145 13888 838 419 90302 88568 880 854 165059 155156 6602 3301 902620 890709 7941 3970 186148 174979 7446 3723 84230 79176 3369 1685 FACILITY MAINTENANCE 413340 388539 16534 8267 CLASSROOM BOOKS AND SUP 301242 301242 STUDENT MEAL 266006 266006 STUDENT EVENTS 178576 178576 409881 359698 47564 2619 11171080 10410060 646696 114324 1056192 741260 1514282 2062801 408250 202852 72815 88769 2381138 961117 1556183 1420021 336595 150558 4944317 4666261 364158 211281 364158 211281 X 4430159 4454980 150000 0 4580159 4454980 4944317 4666261 -127891 2712 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1858089 631538 1226551 451473 294872 156601 71576 34707 36869 1420021 X 11968109 2712 45010 877198 924920 11043189 0 11043189 12108364 45010 892274 937284 11171080 0 11171080 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND FROM STATE AND LOCAL INCOME TAXES. THE SCHOOL IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. FOR THE YEARS ENDED JUNE 30, 2013 AND 2012, THE SCHOOL DID NOT OWE ANY UBIT. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THESE FINANCIAL STATEMENTS. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2010 WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES AGAINST FUNDRAISING REVENUE 332. FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL 876,866. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES AGAINST FUNDRAISING REVENUE 332. FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL 891,942. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 UPON PUBLICIZING ITS LOTTERY EACH YEAR FOR NEW STUDENTS, BRONX PREPARATORY CHARTER SCHOOL, INCLUDES IN ITS PUBLICATION MATERIAL THE FOLLOWING NONDISCRIMINATORY POLICY: THE SCHOOL SHALL NOT DISCRIMINATE AGAINST A STUDENT ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, GENDER OR DISABILITY. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER PUPIL FEES FROM THE NYC BOARD OF EDUCATION FOR PROVIDING AN EXTENDED-YEAR CHARTER MIDDLE AND HIGH SCHOOL COLLEGE PREPARATORY EDUCATION TO 671 NYC 5TH - 12TH GRADERS. THE SCHOOL ALSO RECEIVED FEDERAL TITLE I, IIA FUNDS TO ASSIST WITH COVERING THE COSTS OF CERTAIN PROGRAMS. THE SCHOOL ALSO RECEIVES MEAL FUNDING THROUGH THE SCHOOL BREAKFAST PROGRAM AND THE NATIONAL SCHOOL LUNCH PROGRAM. X X X X 0 0 0 0 0 0 0 1 0 EDWINA BRANCH-SMITH 114319 61556 6500 3500 0 0 0 0 0 0 120819 65056 0 0 JACQUELINE KING-ROBINSON 155364 0 0 0 0 0 7875 0 12859 0 176098 0 0 0 PART I, LINE 7 EDWINA BRANCH-SMITH RECEIVED NON-FIXED PAYMENTS IN THE FORM OF BONUS DURING THE YEAR ENDED 2012 IN THE AMOUNT OF 10,000. BONUSES ARE BASED ON THE BOARD'S DISCRETION. X 48413 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS INITIALLY REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD AND THEN DISTRIBUTED TO EACH BOARD MEMBER FOR ADDITIONAL REVIEW AND COMMENT PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, OFFICER AND KEY EMPLOYEE IS REQUIRED YEARLY TO COMPLETE A DISCLOSURE OF FINANCIAL INTEREST FORM THAT DOCUMENTS EXISTING AND POTENTIAL CONFLICTS OF INTEREST. MANAGEMENT MONITORS POTENTIAL CONFLICTS AND REPORTS, IF NECESSARY, TO BOARD LEADERSHIP. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION WAS NEGOTIATED AT THE TIME OF INITIAL EMPLOYMENT IN 2011 BASED ON COMPARABLE DATA PROVIDED BY THE NEW YORK CITY CHARTER SCHOOL CENTER AND NON-PROFIT COORDINATING COMMITTEE SURVEY DATA. SUBSEQUENT INCREASES HAVE BEEN NOMINAL FOR ALL ADMINISTRATORS DUE TO FINANCIAL CIRCUMSTANCES IN NEW YORK STATE PUBLIC SCHOOLS. A PROCESS THAT INCLUDES SURVEY OF COMPARABLE POSITIONS AND PERFORMANCE EVALUATION IS IN PLACE FOR FUTURE YEARS. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY A NUMBER OF FACTORS, INCLUDING PERFORMANCE EVALUATION AND COMPARISON WITH COMPENSATION INFORMATION FROM THE NEW YORK CITY CHARTER SCHOOL CENTER, THE NEW YORK CITY DEPARTMENT OF EDUCATION, AND THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. CONTEMPORANEOUS SUBSTANTIATION OF THE COMPENSATION DISCUSSIONS AND DETERMINATION REGARDING THE COMPENSATION ARRANGEMENT IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 BY LAW, BOARD OF TRUSTEE MEETINGS ARE OPEN TO THE PUBLIC, WITH MEETING TIMES AND LOCATIONS ANNOUNCED PUBLICLY AHEAD OF TIME. MATERIAL DISTRIBUTED AT MEETINGS, INCLUDING BUDGETS AND FINANCIAL STATEMENTS, ARE AVAILABLE TO ALL PRESENT. BECAUSE BRONX PREP AND FRIENDS OF BRONX PREP BUDGET AND REPORT ON A CONSOLIDATED BASIS, THIS INFORMATION IS AVAILABLE FOR BOTH ORGANIZATIONS. DETAILED REPORT ON BRONX PREP'S AUTHORIZER VISITS, RENEWAL REPORTS, ACCOUNTABILITY PLAN PROGRESS, AND STATE EDUCATION DEPARTMENT REPORT CARD ARE AVAILABLE ON THE SUNY CHARTER SCHOOLS INSTITUTE WEBSITE: WWW.NEWYORKCHARTERS.ORG UNDER THE FREEDOM OF INFORMATION LAW, INFORMATION IS ALSO AVAILABLE ON-SITE AT THE SCHOOL AND UPON REQUEST. FORMS 990 ARE POSTED AT WWW.GUIDESTAR.ORG. FORM 990, PART VII, SECTION A: THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN PART VII, COLUMN F AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL 3872 THIRD AVENUE BRONX NY 10457 161571685 SUPPORTING ORGANIZATION NY 501(C)(3) 11A BRONX PREPARATORY CHARTER SCHOOL 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL K 704100 LEASE AGREEMENT